324 E Main St E Pending Save Request In-Person Tour Request Virtual Tour
Buena Vista,CO 81211
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 336 sqft
Price per Sqft $1,752
MLS Listing ID 9108709
Style Cottage/Bung,Ranch
Year Built 1900
Annual Tax Amount $1,468
Lot Size 4,791 Sqft
Property Description
Discover a rare and exciting opportunity in the heart of Buena Vista's bustling downtown district! Located on Main Street, this vacant lot is perfectly positioned for commercial or mixed-use development. Here's why this property is a must-see for savvy investors: Central Location: Nestled in the rapidly growing downtown area, this lot offers prime visibility and accessibility on Main Street, making it ideal for businesses looking to thrive in a vibrant community. Development-Ready: A 4" DIP water line is already installed, fully accommodating a fire suppression system for any future commercial development, ensuring safety and compliance from the start. Opportunity Zone Benefits: Take advantage of the Colorado Opportunity Zone Program, which provides significant tax incentives, including favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. This is a unique financial benefit that enhances the appeal of your investment. Current Tenants: The Main Street frontage is leased to a popular food truck vendor until October, bringing steady foot traffic to the location. At the rear of the lot, a worn 336-square-foot residence is leased on a month-to-month basis, offering flexibility and additional income. Please note, a 24-hour notice is required to view the interior. If you're seeking a prime commercial investment in downtown Buena Vista, don't miss out on this property. Seize this chance to be part of a dynamic and growing community-schedule your viewing today!
Location
State CO
County Chaffee
Area Out Of Area
Zoning MU-MX Mixed use
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available
Waterfront false
View City
Roof Type Composition
Building
Lot Description Level,Historic District
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Avery Parsons
Middle Schools Buena Vista
High Schools Buena Vista
School District Buena Vista R-31
Others
Special Listing Condition Private Owner